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UNC SOM #18-0743.t006 <br />6 <br />County for any fiscal year in which this Agreement shall be in effect. No <br />deficiency judgment may be rendered against Orange County in any action for <br />breach of a contractual obligation under this Agreement and the taxing power of <br />Orange County is not and may not be pledged directly or indirectly or <br />contingently to secure any monies due under this Agreement. <br /> <br />22. Health Care Regulatory Covenants. The parties acknowledge and agree that <br />the compensation set forth in this Agreement is commercially reasonable and <br />represents the fair market value of the services to be provided. Further, this <br />Agreement has been negotiated in an arm’s length transaction and has not been <br />determined in a manner which takes into account the volume or value of <br />referrals or other business that may be generated between the parties. The <br />parties agree that the medical director services are necessary services, and <br />services for which neither the University nor the Physicians are otherwise <br />generally compensated. The parties hereby support a patient’s right to select the <br />medical facilities and providers of their choice. <br /> <br />23. Signatures. This Agreement together with any amendments or modifications <br />may be executed electronically. All electronic signatures affixed hereto <br />evidence the intent of the Parties to comply with Article 11A and Article 40 of <br />North Carolina General Statute Chapter 66. <br /> <br /> <br />IN WITNESS WHEREOF, the parties hereto have duly and validly authorized and <br />executed this Agreement this the 1st day of July 2022. <br /> <br />THE UNIVERSITY OF NORTH CAROLINA <br />AT CHAPEL HILL ON BEHALF OF ITS <br />SCHOOL OF MEDICINE <br /> <br /> <br />_______________________________ <br />Josephine Tetteh, Director <br />Office of Professional Service <br />Contracts and Affiliations <br /> <br />Date ___________________ <br /> <br /> <br />FOR AND ON BEHALF OF THE COUNTY OF ORANGE <br /> <br /> <br />_______________________________ <br />Bonnie Hammersley, County Manager <br /> <br /> <br />DocuSign Envelope ID: 698648CF-624D-412B-BA7B-E91CEAED21DE <br />8/23/2022 <br />DocuSign Envelope ID: B3162434-5D97-4AAC-BFF5-618BB52CB638